Detroit, OR Real Estate
According to census data in the year 2000 there were 391 housing units in Detroit.
This represents a 22.6% growth from 319 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 391 were located in what is classified as a rural area.
Homeownership rate in Detroit is about 80.2%.
Detroit's vacancy rate, including seasonal lodging, is about 70.3%.
Average household size is 2.16 people.
The majority of houses, apartments or condos in Detroit were built after 1966.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1% |
| One Bedroom | 11.80% |
| Two Bedrooms | 46.30% |
| Three Bedrooms | 36.10% |
| Four Bedrooms | 4.90% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 1.92 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $118,300 |
| Median Price asked for vacant units | $150,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 3.13 |
| Median year structure was built | 1962 |
| Median Monthly Rent asked for vacant units | $625 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 0% |
| Simple Mortgage | 62.30% |
| Debt Free | 37.70% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.4% |
